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mhfcrypto

BTC to re-test $5800 soon?

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Bitcoin (BITSTAMP:BTCUSD)  
mhfcrypto Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Technical Indicators Trend Analysis BTC Bitcoin (Cryptocurrency) BTCUSD BTCUSDT crypto
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chartpattern indicator trendanalysis btc bitcoin btcusd btcusdt crypto
Here's my quick Analysis....I'll probably be Shorting again with tight Stops if/when we reach circa $6430 (assuming Bull Volume is weak).

Rising Wedge in play, again







Comment:
Will be interesting to see what occurs if we drop to $6240 in the next few hours. If Bulls don't show up, well, could be a little Short opportunity in there :-)
Comment:
UPDATE:

I still see the Rising Wedge (Bearish) playing out. I think I was a day or early though.

I have moved my red squiggly-line forward and adjusted the wedge slightly.

snapshot
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